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| definition of economic development by todaro: Entrepreneurship and Economic Development Wim Naudé, 2010-12-08 Leading international scholars provide a timely reconsideration of how and why entrepreneurship matters for economic development, particularly in emerging and developing economies. The book critically dissects the evolving relationship between entrepreneurs and the state. |
| definition of economic development by todaro: Economic Development Michael P. Todaro, 1994 |
| definition of economic development by todaro: Development Economics F. I. Nixson, 2001 Part of a series which aims to reflect the changing face of the economic climate and business world. The books contain the latest information and thinking in their areas and are specifically focused to the needs of AS, A level and first year undergraduate students. |
| definition of economic development by todaro: Theories and Practices of Development Katie Willis, 2005 Throughout the twentieth century, governments sought to achieve 'development' not only in their own countries, but also in other regions of the world; particularly in Africa, Asia, Latin America and the Caribbean. This focus on 'development' as a goal has continued into the twenty-first century, for example through the United Nations Millennium Development Targets. While development is often viewed as something very positive, it is also very important to consider the possible detrimental effects it may have on the natural environment, different social groups and on the cohesion and stability of societies. In this important book, Katie Willis investigates and places in a historical context, the development theories behind contemporary debates such as globalization and transnationalism. The main definitions of 'development' and 'development theory' are outlined with a description and explanation of how approaches have changed over time. The differing explanations of inequalities in development, both spatially and socially, and the reasoning behind different development policies are also considered. By drawing on pre-twentieth century European development theories and examining current policies in Europe and the USA, the book not only stresses commonalities in development theorizing over time and space, but also the importance of context in theory construction. This topical book provides an ideal introduction to development theories for students in geography, development studies, area studies, anthropology and sociology. It contains student-friendly features, including boxed case studies with examples, definitions, summary sections, suggestions for further reading, discussion questions and website information. |
| definition of economic development by todaro: Development as Freedom Amartya Sen, 2011-05-25 By the winner of the 1988 Nobel Prize in Economics, an essential and paradigm-altering framework for understanding economic development--for both rich and poor--in the twenty-first century. Freedom, Sen argues, is both the end and most efficient means of sustaining economic life and the key to securing the general welfare of the world's entire population. Releasing the idea of individual freedom from association with any particular historical, intellectual, political, or religious tradition, Sen clearly demonstrates its current applicability and possibilities. In the new global economy, where, despite unprecedented increases in overall opulence, the contemporary world denies elementary freedoms to vast numbers--perhaps even the majority of people--he concludes, it is still possible to practically and optimistically restain a sense of social accountability. Development as Freedom is essential reading. |
| definition of economic development by todaro: Economic Development - A Way of Sustainable Livelihood Dr.Sukanta Sarkar, 2014 |
| definition of economic development by todaro: Economics of Growth and Development Mr. Rohit Manglik, 2023-08-21 EduGorilla Publication is a trusted name in the education sector, committed to empowering learners with high-quality study materials and resources. Specializing in competitive exams and academic support, EduGorilla provides comprehensive and well-structured content tailored to meet the needs of students across various streams and levels. |
| definition of economic development by todaro: World Development Report 2009 World Bank, 2008-11-04 Rising densities of human settlements, migration and transport to reduce distances to market, and specialization and trade facilitated by fewer international divisions are central to economic development. The transformations along these three dimensions density, distance, and division are most noticeable in North America, Western Europe, and Japan, but countries in Asia and Eastern Europe are changing in ways similar in scope and speed. 'World Development Report 2009: Reshaping Economic Geography' concludes that these spatial transformations are essential, and should be encouraged. The conclusion is not without controversy. Slum-dwellers now number a billion, but the rush to cities continues. Globalization is believed to benefit many, but not the billion people living in lagging areas of developing nations. High poverty and mortality persist among the world's 'bottom billion', while others grow wealthier and live longer lives. Concern for these three billion often comes with the prescription that growth must be made spatially balanced. The WDR has a different message: economic growth is seldom balanced, and efforts to spread it out prematurely will jeopardize progress. The Report: documents how production becomes more concentrated spatially as economies grow. proposes economic integration as the principle for promoting successful spatial transformations. revisits the debates on urbanization, territorial development, and regional integration and shows how today's developers can reshape economic geography. |
| definition of economic development by todaro: An Introduction to Tourism and Anthropology Peter Burns, 2003-07-13 This introductory text explains how anthropology is integral to the study of tourism dynamics. Starting with an overview of the development of anthropology as a social science, the author uses a wealth of international examples, including the UK, USA and Australia, to bring practical relevance to complex theories. With its lucid writing style, summaries, sample questions and suggestions for further reading, this book will be an invaluable teaching resource in this area. |
| definition of economic development by todaro: Social and Economic Development in India R. S. Tripathi, S. B. Singh Parmar, 1996 Contributed articles. |
| definition of economic development by todaro: Indian Economy For Civil Services and Other Competitive Examinations Dr. Birendra Prasad, IAS, 2022-07-13 Indian Economy for Civil Services and other Competitive Examinations The all-new edition of Indian Economy is designed to systematically explain the concepts of Indian economics to students for obtaining high scores in the examinations. Features of the Book: • Comprehensive Coverage of Latest Syllabus • Union Budget 2022-23 • Summary of Economic Survey 2021-22 • Glossary • Updated with latest changes in government’s policies Focus of the Book: • Exhaustive revision of concepts • Thorough preparation • Attention to details via easy-to-understand language usage The book is a one-stop source of complete study material for proper preparation of Indian Economics allows an all-inclusive preparation providing the aspirants to learn, revise, and gauge their progress at par with the examination level. It comprehensively covers the following units: 1) Introduction to Economics 2) Development Strategy and Economic Reform 3) Banking Sector 4) Financial Markets in India 5) Industrial Sector in India 6) Agriculture Sector 7) Service Sector in India 8) Infrastructure Sector in India 9) External Sector 10) Inflation 11) National Income 12) Public Finance 13) Economic Planning in India 14) Social Sector in India 15) Black Money or Parallel Economy 16) Climate Change and Sustainable Development 17) Goods and Services Tax (GST) 18) Summary of Economic Survey 2021-22 19) Union Budget 2022–23 20) Glossary |
| definition of economic development by todaro: African Economic Development Emmanuel Nnadozie, Afeikhena Jerome, 2019-05-08 In a sweeping survey of African economies, leading scholars offer the latest research into the biggest current influences on African growth and development, taking account of relevant institutional contexts as well as significant or unique problems that have slowed Africa’s progress. |
| definition of economic development by todaro: The New Palgrave Dictionary of Economics , 2016-05-18 The award-winning The New Palgrave Dictionary of Economics, 2nd edition is now available as a dynamic online resource. Consisting of over 1,900 articles written by leading figures in the field including Nobel prize winners, this is the definitive scholarly reference work for a new generation of economists. Regularly updated! This product is a subscription based product. |
| definition of economic development by todaro: The Process of Economic Development James M. Cypher, James L. Dietz, 2004 This textbook includes discussions of such topics as the environment, the debt case, export-led industrialization, import substitution industrialization, growth theory and technological capability. |
| definition of economic development by todaro: Economics and Finance Readings Evan Lau, Rayenda Khresna Brahmana, Lee Ming Tan, 2023-06-15 This book is a compilation of the best papers presented at the 2022 Asia-Pacific Conference on Economics & Finance (APEF), which is held annually in Singapore. With a great number of submissions, it presents the latest research findings in economics and finance and discusses relevant issues in today's world. The book is a useful resource for readers who want access to economics, finance and business research focusing on the Asia-Pacific region.2023 Asia-Pacific Conference on Economics & Finance (APEF) will take place on the 14-15 Dec 2023 in Singapore. |
| definition of economic development by todaro: Impact of Political Stability on Economic Development Addis Ababa Othow Akongdit, 2019-10-04 The main theme of this study is chosen in response to the general consensus on the importance of conducting a comprehensive study that may shape the economic policies and promote the business sector as well as the government and other organizations. However, the key question posed by this study is whether the theory that political stability fosters economic development is simply the wishful thinking of people who value both stability and growth or whether it is a delusion of those who believe that most developing countries may enjoy rapid growth if they are stable. The importance of this study is clear: South Sudan is confronted with enormous challenges of administrative, ethnic, political, and economic development. In light of this, the current study addresses the following issues: What is the impact of the political system in South Sudan on economic development? What is the impact of oil resources on sustainable development? What is the impact of the oil shutdown on political and economic stability, and what is the possibility of deficit financing? Is there any possibility for cooperation between Sudan and South Sudan? In this context, the major objective of this study is to analyze the political development of the country to verify that political stability fosters the achievement of economic and social development. It also seeks to analyse the political history of Sudan in general and South Sudan in particular, emphasising the importance of political stability, among other considerations, as a precondition for socioeconomic development. Furthermore, other objectives of the study include suggestions on how political stability could be ensured in South Sudan and how good governance may promote political and economic stability. In light of the above, this study focuses on the issues of the political transition and policies that will improve the economic, political, and social well-being of the people of South Sudan. It seeks ways of setting up policies that will raise the standard of living of people with sustained growth and move from a simple, low-income economy to a modern, high-income economy. It also attempts to develop a framework for cooperation between Sudan and South Sudan. The methodology that is adopted to address these issues is collecting, sorting, and analysing primary and secondary information relating to the history of political and economic development in South Sudan, using empirical approaches such as SWOT analysis, information sources, references, and books. However, this study is organized as follows: chapter 1 discusses political stability and economic development in a theoretical framework through which we explore the empirical analysis; it is divided into four sections. Section 1 focuses on definition, causes, and measurement of political stability with an aim to assess the effect of political stability on growth-related variables. In section 2, we define the concept of political instability and measure it by using indicators like the number of coups d'état, the number of major government crises, the number of cabinet changes, and the number of political revolutions as well as political assassinations. Section 3 discusses the concept and definition of economic development and summarizes the major theories of economic development in five fundamental elements. The last section explores the implications of financing economic development by discussing domestic resources (including deficit financing) and foreign financial resources and the role of each of them in achieving economic development. Chapter 2 presents the political and social background of South Sudan is divided into three sections. Section 1 discusses South Sudan's ability to function and successfully implement its policies and strategic vision for the year 2040. Section 2 focuses on the demographic structure of South Sudan in terms of population, education, languages, and culture. Section 3 discusses the social indicators such as infrastructure, poverty, and corruption which affect improving social welfare as well as the political stability and economic development of the Republic of South Sudan. Chapter 3 focuses on the South Sudan economy and the challenges. Here we discuss the political and development challenges facing South Sudan as well as the investment opportunities. This chapter discusses the major challenges which face South Sudan, especially issues such as border demarcation, political reform, and oil shutdown as well as investment opportunities in oil and agriculture. In chapter 4, we discuss South Sudan's oil and economic development. It focuses on oil resources and their impact on sustainable development, the impact of oil shutdown on political and economic development and the possibility of deficit financing. In chapter 5, we discuss the future of stability and prosperity in South Sudan. It discusses how good governance and cooperation can be enormously beneficial to South Sudan in the process of building sustainable political and economic stability and what South Sudan can learn from other countries. The major findings of this study are as follows: - Political stability plays an important role in determining economic growth and economic development in many economies. - The degree of political stability is high if there is a high degree of democracy or autocracy. - Strong democracies or strong autocracies are best equipped to provide political stability that may lead to economic development. It is then the level of political stability within a given country, regardless of regime type, that results in economic growth. - Long-term sustainable economic growth depends on the ability to raise the rates of accumulation of physical and human capital by securing necessary sources (domestic, foreign, or deficit finance) to use efficiently for financing economic development. - Most economists view corruption as a major obstacle to development. It is seen as one of the causes of low income and is believed to play a critical role in generating poverty traps (e.g., Blackburn et al. 2006). Thus, corruption, according to this view, sands the wheels of development and it makes economic and political transitions difficult. - Not only is good governance critical to development, but it is also the most important factor in determining whether a country has the capacity to use resources effectively to promote economic growth and reduce poverty. |
| definition of economic development by todaro: Changing Rice Bowl: Economic Development and Diet in China Elizabeth J. Leppman, 2005-03-01 The book deals with a topic of perennial interest to Chinese and non-Chinese alike: Chinese food. Chinese culture is exceptionally food-oriented, and non-Chinese are curious about what Chinese people in China actually eat, as contrasted with meals in ever-popular Chinese restaurants. Furthermore, foreigners have long received the impression that Chinese people are inadequately fed, but the picture today is considerably more complex. At its best, the Chinese diet is among the world’s healthiest, and access to adequate, nutritious food has made enormous progress in recent years. The content of the Chinese diet and its nutritional adequacy vary over space, not only in the vastness of China but even within one province. All these strands, examined after the end of food rationing opened new choices to Chinese consumers, are portrayed in a text that is easily accessible to the general public and that is supplemented with maps, graphs, and photographs. Beginning with background concepts in nutrition, culture, and economic development, the book proceeds to describe foods that Chinese traditionally eat and the farming system that has produced them for hundreds of years. It then gives an overview of rural-urban contrasts at the national level. A summary geography of Liaoning Province in China’s northeast provides background for the detailed study of the dietary regime in a sample of households at five sites within the province. The book concludes with some suggestions of possible future implications of the findings. |
| definition of economic development by todaro: Economic Development and Highly Skilled Returnees Rasha Istaiteyeh, 2011 |
| definition of economic development by todaro: De Gruyter Handbook of SME Entrepreneurship Marina Dabić, Sascha Kraus, 2023-11-06 A small business is not a little big business. Small- and medium-sized enterprises (SMEs) are considered the engines of worldwide economies and the main sources of job creation. Management in these companies is different from management in larger/older enterprises with their already established concepts and instruments. In view of the high importance of SMEs in emerging, developing and developed economies worldwide, the De Gruyter Handbook of SME Entrepreneurship investigates the underlying mechanisms and practices of management within these companies with a focus on entrepreneurship, growth and innovation. It argues that it is time for a dedicated theory of SME Entrepreneurship to emerge. Entrepreneurial thinking and behavior in SMEs must be differentiated from that of start-ups and large companies. On the other hand, it also explores the different entrepreneurship manifestations that exist within a widely heterogeneous group of SMEs. The handbook provides a theoretical framework in which to understand, compare and contrast the complexity of SMEs in both domestic and international processes and addresses the strengths, achievements, and challenges of entrepreneurship in SMEs. |
| definition of economic development by todaro: Feminist Economics and the World Bank Edith Kuiper, Drucilla Barker, 2006-05-02 The past decade has witnessed a paradigm shift at the World Bank from a focus on structural adjustment to a focus on poverty reduction. As evidenced by the Bank’s 2001 report, Engendering Development: Through Rights, Resource and Voice, an increased attention to gender issues has been an important part of this process. This book brings together a range of responses from feminist economists and other social researchers on the issues raised in this report. With contributions from highly esteemed scholars such as Eudine Barriteau, Diane Elson, Gale Summerfield, and Zafiris Tzannatos, this anthology critically examines the relationships between gender, growth, development, and the World Bank by: developing a history of the World Bank’s perspectives on gender empirically evaluating the impacts of the Banks’ policies on three different regions of the world exploring the ideological and methodological commitments of the report from a variety of feminist and interdisciplinary social science perspectives enquiring into future directions for feminist economics research. Highlighting the importance and challenge of taking gender into account in development theory and policy, this book’s complex and nuanced analyses of the social relations of gender in a global context make it an important resource for policymakers, activists and scholars alike. |
| definition of economic development by todaro: Poverty, Inequality and Development Alain de Janvry, Ravi Kanbur, 2006-06-09 This collection of essays honors a remarkable man and his work. Erik Thorbecke has made significant contributions to the microeconomic and the macroeconomic analysis of poverty, inequality and development, ranging from theory to empirics and policy. The essays in this volume display the same range. As a collection they make the fundamental point that deep understanding of these phenomena requires both the micro and the macro perspectives together, utilizing the strengths of each but also the special insights that come when the two are linked together. After an overview section which contains the introductory chapter and a chapter examining the historical roots of Erik Thorbecke's motivations, the essays in this volume are grouped into four parts, each part identifying a major strand of Erik's work—Measurement of Poverty and Inequality, Micro Behavior and Market Failure, SAMs and CGEs, and Institutions and Development. The range of topics covered in the essays, written by leading authorities in their own areas, highlight the extraordinary depth and breadth of Erik Thorbecke's influence in research and policy on poverty, inequality and development. Acknowledgements These papers were presented at a conference in honor of Erik Thorbecke held at Cornell University on October 10-11, 2003. The conference was supported by the funds of the H. E. Babcock Chair in Food, Nutrition and Public Policy, and the T. H. Lee Chair in World Affairs at Cornell University. |
| definition of economic development by todaro: INDIAN ECONOMY Dr. Saroj Kumar, 2023-11-01 Buy Indian Economy e-Book for Mba 1st Semester in English language specially designed for SPPU ( Savitribai Phule Pune University ,Maharashtra) By Thakur publication. |
| definition of economic development by todaro: Understanding Development John Rapley, 2013-02-01 First published in 1997. An introduction to the theory and practices of development in the third world, tracing the evolution of development theory over 40 years, and examining why so many of the benefits of development are still not shared by millions. |
| definition of economic development by todaro: Quantifying Sustainable Development Charles A.S. Hall, Patrick Van Laake, Carlos Leon Perez, Gregoire Leclerc, 2000-07-12 Until recently, the phenomenal economic development of the Asian tigers, Chile, and Malaysia, as well as the sustained economic growth of the United States, painted a very desirable and optimistic picture of free markets, fiscal responsibility, and, more generally, the entire dogma of neoclassical economics. As of the fall of 1998, however, the economies of many tropical countries have contracted severely, and the enthusiasm of the developing tropics for the free market and all of its ancillary policies is decidedly cooler. Have our traditional approaches to economics been failing the developing world? This interdisciplinary book covers the conditions of the developing tropics, the resistance of some of their problems to earlier attempts at solutions, and the use of new tools to develop a much more comprehensive and empirical framework for analysis and decision making. It also presents the development of cutting edge technology that links GIS and modeling approaches with extensive databases on meteorology, soils, agricultural production, and land use. The book discusses whether development is sustainable through a synthesis of demographic, economic, and resource-specific considerations. Costa Rica is uniquely suited to this study because of its size, stage of development, democratic institutions, and national databases.A CD-ROM containing all data and programs, color images, animated models, large data tables, and references accompanies the book. - Links economic and biophysical analyses of sustainability - Presents new tools and approaches for analysis and decision-making - Includes a CD-ROM containing data and programs, color images, animated models, and references |
| definition of economic development by todaro: A Dictionary of Human Geography Noel Castree, Rob Kitchin, Alisdair Rogers, 2013-04-25 This new dictionary provides over 2,000 clear and concise entries on human geography, covering basic terms and concepts as well as biographies, organisations, and major periods and schools. Authoritative and accessible, this is a must-have for every student of human geography, as well as for professionals and interested members of the public. |
| definition of economic development by todaro: The Political Economy of Neo-modernisation Seung Jin Baek, 2018-07-24 Is there a limit to technological advancements? Are technological advancements creating a more equal and fair world? Starting from influential thinkers driving a never-ending evaluation of development discourse – incorporating theories of modernisation, endogenous growth, globalisation, neoliberalism and several others – Seung-Jin Baek answers these questions and sets out practical steps to create societies that are more equal in the Fourth Industrial Revolution. This book explores why Western-centred development strategies are unlikely to bring about similar developmental paths and outcomes in developing economies. By theoretically and empirically assessing the Technology-Development-Inequality nexus, Baek explores why a distorted developmental path has been observed in recent years, with high income countries being associated with rising inequality. This is important reading for all those seeking to understand international development in a twenty-first century context. |
| definition of economic development by todaro: Development Management Justice Nyigmah Bawole, Farhad Hossain, Asad K. Ghalib, Christopher J. Rees, Aminu Mamman, 2016-10-04 Despite significant financial investments, the rate of development and pace of poverty reduction in developing and transitional countries has not always matched expectations. Development management typically involves complex interactions between governmental and non-governmental organisations, donors and members of the public, and can be difficult to navigate. This volume brings together a group of international contributors to explore the theoretical and empirical underpinnings of development management, and to consider the prospects and challenges associated with it in the context of both developing and transitional countries. Referring to dominant norms and values in public and developmental organisations, development management is tied up with the attitudes and perceptions of various stakeholders including: government officials, public sector managers, aid workers, donors and members of the public. Attempting to make sense of complex interactions between these actors is highly problematic and calls for new approaches, models and insights. Based on cutting-edge research, the chapters challenge much of the previous discourse on the subject and evaluate the challenges and opportunities that it presents. Development Management offers academics, researchers and practitioners of public administration, business and management, international development and political science a comprehensive and state-of-the-art review of current research on development management in the context of developing and transitional countries. |
| definition of economic development by todaro: International Social Work David Cox, Manohar S. Pawar, 2006 This well-written book will undoubtedly help those interested in working in the domain of international social work and social development. --SHORTER NOTICES Global poverty, widespread conflict and post-conflict reconstruction, and the large population of displaced persons are just a few of the rising number of global situations that are adversely affecting the well-being of millions of people. Practitioners from several professions are deeply concerned about these issues and are becoming increasingly active in addressing these matters at the local, national, and international levels.International Social Work: Issues, Strategies, and Programs draws together the practice wisdom emerging within the broad scope of international social work practice. Using an integrated perspectives approach, which incorporates global, human rights, ecological, and social development perspectives, authors David Cox and Manohar Pawar prepare readers to actively respond to modern global challenges that are critical to the well-being of people, communities, nations, and ultimately to all of us. Key Features Provides an integrated perspectives approach to international social work and social development practice to give readers alternative theoretical frameworks not found in other books Focuses on the experience of teaching and practicing international social work, rather than reflecting on the field Includes tables, chapter summaries, learning exercises and questions, possible research areas, and recommended readings to prompt critical thinking and classroom discussion This book is designed to teach international social work practice to students and practitioners at all levels. International Social Work is an ideal text for undergraduate and graduate courses in Social Work and Development Studies as well as an excellent resource for social workers, human services professionals, and development practitioners. |
| definition of economic development by todaro: Islamic Economic Co-operation Masudul Alam Choudhury, 1989-09-15 |
| definition of economic development by todaro: Social Entrepreneurship and Enterprises in Economic and Social Development Katharine Briar-Lawson, Paul Miesing, Blanca Ramos, Blanca M. Ramos, 2021 This book explains how and why it's important to integrate social entrepreneurship and social enterprises with social and economic development. |
| definition of economic development by todaro: Dictionary of Contemporary Chinese Economics Hong Yinxing, 2025-05-26 This Dictionary provides the theoretical summary and conceptual framework around the milestones obtained through Chinese reform and development and highlights the research achievements of Chinese economics over the past 40 years. It also presents Chinese economics to the world, featuring the Belt and Road Initiative and the Chinese theory and Chinese system to be known and shared internationally with a Chinese intellectual foundation. It sets out to frame the theoretical achievements of extraction and summary of practice experience from Chinese reform and development. The choice of entries in the Dictionary seeks to embody the very Chinese characteristics of economics and the combination of theory and practice is illuminated. Furthermore, the dictionary explores examples of scientific achievements that traditional economics has brought forward and how they fit and unify within both a Chinese, as well as an international context. |
| definition of economic development by todaro: Anatomy of Development Bikram Pattanaik, 2025-03-20 This book details the fundamentals of development studies by adopting a multi-disciplinary approach. It presents a balanced mix of economic, social, political, cultural and administrative premises of development and analyzes its theoretical and practical dimensions. It also provides insight into the role of the stakeholders of development in different sectors. The volume provides a holistic understanding of development, effectively demonstrating how it differs from economic growth. Beginning with development theories, paradigms and actors involved in the development process, this book goes on to explain the concepts of development administration, development governance, development planning, development management and development communication. One of the fundamental components of the book is the elucidation of Development Theories – classical, neoclassical, developmental and heterodox theories essential to the discipline of “development”. This book will be useful to undergraduate and postgraduate students, researchers, teachers of development studies, economics, sociology, political science, and public administration. It will also be useful to administrators and development administration officials of state and central governments, planners, policymakers and people working in NGOs, in addition to corporate sector functionaries dealing with corporate social responsibilities and those handling developmental issues and challenges. |
| definition of economic development by todaro: Resource Abundance and Economic Development R. M. Auty, 2001-06-28 Since the 1960s the per capita incomes of the resource-poor countries have grown significantly faster than those of the resource-abundant countries. In fact, in recent years economic growth has been inversely proportional to the share of natural resource rents in GDP, so that the small mineral-driven economies have performed least well and the oil-driven economies worst of all. Yet the mineral-driven resource-rich economies have high growth potential because the mineral exportsboost their capacity to invest and to import.Resource Abundance and Economic Development explains the disappointing performance of resource-abundant countries by extending the growth accounting framework to include natural and social capital. The resulting synthesis identifies two contrasting development trajectories: the competitive industrialization of the resource-poor countries and the staple trap of many resource-abundant countries. The resource-poor countries are less prone to policy failure than the resource-abundant countriesbecause social pressures force the political state to align its interests with the majority poor and follow relatively prudent policies. Resource-abundant countries are more likely to engender political states in which vested interests vie to capture resource surpluses (rents) at the expense of policycoherence. A longer dependence on primary product exports also delays industrialization, heightens income inequality, and retards skill accumulation. Fears of 'Dutch disease' encourage efforts to force industrialization through trade policy to protect infant industry. The resulting slow-maturing manufacturing sector demands transfers from the primary sector that outstrip the natural resource rents and sap the competitiveness of the economy.The chapters in this collection draw upon historical analysis and models to show that a growth collapse is not the inevitable outcome of resource abundance and that policy counts. Malaysia, a rare example of successful resource-abundant development, is contrasted with Ghana, Bolivia, Saudi Arabia, Mexico, and Argentina, which all experienced a growth collapse. The book also explores policies for reviving collapsed economies with reference to Costa Rica, South Africa, Russia and Central Asia. Itdemonstrates the importance of initial conditions to successful economic reform. |
| definition of economic development by todaro: Dictionary of International Relations Terms United States. Department of State. Library, 1987 |
| definition of economic development by todaro: Tourism as a Form of International Relations Katerina Antoniou, 2023-08-14 This timely book introduces the tourist as a non-state actor on the international political stage. Discussing the ways in which tourism has enabled political dynamics to unfold and shape political affairs, Katerina Antoniou suggests how tourist activity can be used to foster inclusive and empowering political conduct. |
| definition of economic development by todaro: God's Universal Economy Charif Noureddine, 2024-06-06 The economy is a need and priority in human life that is governed by cosmic norms based on supply and demand, scarcity and abundance, production, consumption and rotation, with the rotation of planets and galaxies in the universe. It is the economy of interdependence, sharing and circulation. It’s indispensable in terms of the wisdom and appreciation and management of God in distributing the resources of His wealth, treasures, and people on the planet. God’s Universal Economy refers and clarifies the wealth of the universe or the sky and the earth, being from God. It is the right of all people on the planet, regardless of the names and affiliations, how and where they were born. They have a country, a continent, and a planet. Therefore, the book emphasizes the rights of the individual and society in terms of equality, consolation, and justice in distributing God's wealth to all people on earth, calling for love and unity of peoples, the end of conflicts, the beginning of a hot era of civilization, protection of the planet from its ruin and destruction, and the emphasis on freedoms that end at the limits of the freedom. About the Author Originally from Lebanon, Charif Noureddine attended Belarusian State Technological University, Minsk-Belarus, and he received a Ph.D. in Economics and National Economic Management (2011) from the American University for Culture and Education and his Master of Business Administration (2009). Charif and his wife have a daughter and a son, who each have given them grandchildren. They reside in the State of Cyprus, the city of Larnaca, since obtaining permanent residence. |
| definition of economic development by todaro: Human Capital Development and Economic Development Hassan M Somo, 2018-03-07 Research Paper (undergraduate) from the year 2016 in the subject Business economics - Business Management, Corporate Governance, grade: .90, , course: Economics, language: English, abstract: The study focus on identifying the relationship between Human capital and economic development for Educational Institutions in Mogadishu, using descriptive analysis with view of increasing the efficiency and effectiveness of private universities in Mogadishu,. More specifically, this study aims to find out the effect of human capital development and economic development. The target or accessible population of the study was 60 of educated employee or instructors in educational institutions in Mogadishu an which a sample of 49 respondents was drawn using stratified random sampling and proportionate was used to determine sample size for each of the three educational institutions such as plasma university, modern university and university of Somalia, To achieve the objectives of the study, a survey design was employed. The study relied principally on primary data which was collected using questionnaires containing close ended questions for ease of analysis. Data was analyzed using descriptive with the aid of Statistical Package for Social Sciences.Based on the finding in objective one which indicates the total average mean, the second objectives which indicates the total average mean,, Based on the findings in objective third and fourth or specific objectives of the study indicates the total average mean so that the all objectives indicate a good sign or positive sign, means the overall Skill building and training of the educational institutions are very good While the overall mean of economic development was scored a as shown in the table of chapter four indicates, so that the study indicates that human capital development have a significant and strong relationship towards the economic development. The researcher recommends further investigation should be conducted to collect data from other educational institutions such to see whether human capital development are increasing and effecting the economics in the country. The study also recommends that the Expand human capital investment on institutional capacity by strengthening the infrastructure of educational institutions to produce quality manpower to eradicate the level of illiterate and effect the economics of the country |
| definition of economic development by todaro: The Future of the UN Sustainable Development Goals Samuel O. Idowu, René Schmidpeter, Liangrong Zu, 2019-06-15 This book provides a business-oriented analysis of the United Nations (UN) Sustainable Development Goals (SDG). In order to assess their impact on businesses and corporations, the book addresses all 17 goals and a broad range of industries. Gathering contributions from Africa, Europe and Asia, it presents both critical reviews and case studies. In turn, the book seeks to predict likely developments during the next decade. To do so, it examines evidence from today’s business world and how companies and corporations have been adopting the SDGs since their release. In this regard, it discusses the changes that will be required and how the agenda will affect the continent’s development path. An underlying theme throughout the book is the role of monetary value and investment for sustainable development: whether through financing, enhanced turnaround resulting from a more educated population, or more socially innovative entrepreneurs. |
| definition of economic development by todaro: Globalization and Development Nezameddin Faghih, 2019-04-25 This book presents economic and socio-cultural perspectives on globalization from emerging markets. It explores the links between globalization and development, and reveals the dynamics, strengths and weaknesses, trends in and implications of globalization in emerging market economies. Gathering papers by leading experts in the field, it shares essential insights into the history and status quo of globalization processes and structures; identifies the opportunities provided by and risks posed by globalization; and sheds light on the way to global peace. The topics addressed range from globalization development within the Group of Twenty (G20), populist events such as “Brexit” as a form of historical irony, and a zeitgeist analysis of the globalization spirit; to the evolution of higher education and public administrative systems under the weight of globalization; not to mention emerging topics such as the informal economy and new rules for fleecing the South in the newly globalized trade system. |
| definition of economic development by todaro: Social Structure and Rural Development in the Third World Guy Berger, 1992-10-22 An analysis of the relationship between Third World farmers and the international economy. |
DEFINITION Definition & Meaning - Merriam-Webster
The meaning of DEFINITION is a statement of the meaning of a word or word group or a sign or symbol. …
DEFINITION Definition & Meaning - Dictionary.com
Definition definition: the act of defining, or of making something definite, distinct, or clear.. See examples of DEFINITION used …
DEFINITION | English meaning - Cambridge Diction…
DEFINITION definition: 1. a statement that explains the meaning of a word or phrase: 2. a description of the features and…. Learn more.
definition noun - Definition, pictures, pronunciation and u…
Definition of definition noun in Oxford Advanced Learner's Dictionary. Meaning, pronunciation, picture, example sentences, grammar, usage notes, synonyms and more.
DEFINITION definition and meaning | Collins English Dict…
A definition is a statement giving the meaning of a word or expression, especially in a dictionary.
